Primoris Capital Expenditure Coverage Ratio from 2010 to 2024

PRIM Stock  USD 83.17  0.51  0.61%   
Primoris Services Capital Expenditure Coverage Ratio yearly trend continues to be very stable with very little volatility. Capital Expenditure Coverage Ratio is likely to grow to 2.26 this year. During the period from 2010 to 2024, Primoris Services Capital Expenditure Coverage Ratio quarterly data regression pattern had sample variance of  2.87 and median of  1.25. View All Fundamentals
 
Capital Expenditure Coverage Ratio  
First Reported
2010-12-31
Previous Quarter
1.92759575
Current Value
2.26
Quarterly Volatility
1.6949091
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primoris Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primoris Services' main balance sheet or income statement drivers, such as Interest Expense of 82.1 M, Selling General Administrative of 355.6 M or Other Operating Expenses of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0111 or PTB Ratio of 2.27. Primoris financial statements analysis is a perfect complement when working with Primoris Services Valuation or Volatility modules.
  
Check out the analysis of Primoris Services Correlation against competitors.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

Latest Primoris Services' Capital Expenditure Coverage Ratio Growth Pattern

Below is the plot of the Capital Expenditure Coverage Ratio of Primoris Services over the last few years. It is Primoris Services' Capital Expenditure Coverage Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primoris Services' overall financial position and show how it may be relating to other accounts over time.
Capital Expenditure Coverage Ratio10 Years Trend
Pretty Stable
   Capital Expenditure Coverage Ratio   
       Timeline  

Primoris Capital Expenditure Coverage Ratio Regression Statistics

Arithmetic Mean1.93
Geometric Mean1.45
Coefficient Of Variation87.92
Mean Deviation1.20
Median1.25
Standard Deviation1.69
Sample Variance2.87
Range6.1122
R-Value(0.21)
Mean Square Error2.96
R-Squared0.04
Significance0.46
Slope(0.08)
Total Sum of Squares40.22

Primoris Capital Expenditure Coverage Ratio History

2024 2.26
2023 1.93
2022 0.88
2021 0.6
2020 4.85
2019 1.25
2018 1.15

About Primoris Services Financial Statements

Primoris Services investors utilize fundamental indicators, such as Capital Expenditure Coverage Ratio, to predict how Primoris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Expenditure Coverage Ratio 1.93  2.26 

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When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out the analysis of Primoris Services Correlation against competitors.
To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primoris Services. If investors know Primoris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primoris Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.202
Dividend Share
0.24
Earnings Share
3.03
Revenue Per Share
114.686
Quarterly Revenue Growth
0.078
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.